MUMBAI: State Bank of India has raised its credit growth target for the year after broad-based momentum lifted profitability in the Dec quarter, chairman CS Setty said at a briefing. “On the credit growth advice we had given 12 to 14% credit guidance earlier. We are revising that upwards to 13 to 15% based on…
NEW DELHI: European Commission President Ursula von der Leyen said on Tuesday that the political ties between Europe and India have never been stronger, pointing to closer cooperation after the conclusion of a Free Trade Agreement and the launch of a Security and Defence Partnership.Speaking at a banquet hosted in her honour at Rashtrapati Bhavan…
MUMBAI: RBL Bank reported a net profit of Rs 214 crore in Q3 FY26, up 555% from Rs 33 crore a year earlier when earnings were subdued to provisions. The net profit was 20% higher than Rs 179 crore in the previous quarter.Profit in the December quarter would have been higher but for the one-off…
Permanent alimony doesn’t automatically end maintenance: Orissa High Court refuses to shut wife’s claim (AI image) The Orissa High Court in an important decision on the interplay between divorce, permanent alimony and statutory maintenance has made it clear that a prior observation treating payments as permanent alimony does not, by itself, extinguish a subsisting maintenance…
As women continue to expand their presence in the corporate workforce, their role in managing money is evolving alongside it. In a space traditionally dominated by men, women are increasingly stepping in—investing, evaluating options and engaging with financial advice. Financial decision-making, once seen through a gendered lens, is now emerging as a practical necessity rather…
Legal & General Asset Management announced Wednesday that it placed the more than 50 billion pounds (roughly $68 million) in liquidity funds that it manages onchain through a new distribution channel built by Calastone. “We are thrilled to make our liquidity funds available on the Calastone Tokenized Distribution Network,” said Ross McDonald, liquidity investment specialist…
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Tata Consultancy Services (TCS), India’s largest software exporter, is set to launch a multi-billion dollar joint venture with private equity firm TPG to create AI and sovereign data centres, sources close to the matter said. The move marks a strategic shift for TCS, which has historically favoured a capex-light, organic growth model, as it aims…
